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Tata
Power company will set up a 1000 mw coal fired mega power
plant in Chhattisgarh with an estimated investment of
Rs5,000 crore, for which it has signed a memorandum of
understanding (MoU) with the government of Chhattisgarh.
"This
agreement signifies Tata Power''s commitment towards the
state of Chhattisgarh for bridging the power requirements
of the state and the country. With this MoU, Tata Power
has taken another step towards its growth plans and increasing
its national footprint," Tata Power managing director
Prasad Menon said.
The
project will require around 1200-1300 acres of land on
the basis of preliminary feasibility study, a suitable
site in the Raigarh district of Chhattisgarh has been
identified.
Tata
Power is now in the process of carrying out a detailed
feasibility study for the project.
The
state has sought to provide comprehensive cooperation
to Tata Power
in acquiring necessary clearances and approvals that fall
under the purview of the state government and also facilitate
the allotment of captive coal mining facilities for necessary
coal linkages.
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